Printable View
The pair intraday analysis at H4 using williams percentage range and moving average are showing the pair still on bearish trend, it already traded below the pivot level. Try to find good support and then set long order. Today SNR :
R3 : 102.56
R2 : 101.97
R1 : 100.72
Pivot level : 100.01
S1 : 98.95
S2 : 98.25
S3 : 97.12
time frame- H1
the parabolic sar is giving us short signal but the price try to hold at the support 98.30 level. it is break the support oat 99.30. if the price is close above the 98.80 it will be move up so long with the take profit at 100.00 and stop loss at the 98.00
good luck
Usd/jpy analysis for 07.11.2013 by using pivot indicator.
r3: 102.599
r2: 101.878
r1: 100.766
pivot: 100.085
s1: 98.973
s2: 98.292
s3: 97.180
Trading Signal - 10/7/2013 - 16:00 GMT+3 - 60min CHART · Intraday - Downwards Strong · Oversold
The TP2 (99.90) has been reached. We closed the remaining 50% of our position and now we are looking for the next opportunity to enter the market.
http://dl.dropbox.com/u/51561036/scr...711-162027.jpg
usd/jpy market analysis by using : average directional movement index wilder(14) & average directional movement index(14)
adx wilder(14) level
style : 49.07
+di : 16.08
-di : 32.33
adx(21) levels
adx : 23.62
+di : 20.90
-di : 19.54
time : 1100
date : 11.07.2013
timeframe : 1 hour
USD / JPY has set a new south trend, now after a couple of strong reduction in corrective entered the stage of resistance around 99.50 but again seems to have found a seller, the couple has strengthened steadily below the psychological mark of 100.00, and now the growth is not out of the question, from 99.50 expect a resumption of fall from exit to 98.30.
USD/JPY pair price already touched daily support 2 level (98.225) and lower trend line. Now the pair price is up trend. I think the price may touch upper trend line.
http://i1311.photobucket.com/albums/...ps6f7f762c.jpg
today i like to sell this pair @ 99.40
my stop loss of the day @ 99.77
half take profit for today @ 99.00
and further half take profit @ 98.67
USD / JPY is testing now on the strength of the moving red alligator was the formation of the upper fractal stochastic formed a sell signal, as the 4-hour chart breakthrough took place alligator slide, the path to the south is free and objectives can be 2 lower fractal (support 98.30 + -).
As you see in my following chart, the pair traded between a high of 101.21 and a low of 99.41 closed at 99.66. Today the pair trades below the resistance line of 99.60.
Downside Scenario: USD JPY could decline into the levels of 100.60, then 100.00, if the resistance line of 99.50 holds.
Upside Scenario: upside penetration of the resistance line of 99.60, could help the pair to see the levels of 100.20, then 100.70
http://4.bp.blogspot.com/-AvuBdkXN7n.../s1600/jpy.jpg